Toronto Port Authority Presents Results of 2025 at AGM

June 11, 2026 (TORONTO) – Toronto Port Authority held its Annual General Meeting (AGM) today in a hybrid in-person and online event. During the meeting, senior management and members of the Board of Directors gave an overview of the organization’s 2025 fiscal year, reporting a 7.4% increase in operating revenue to $87.3 million; consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) of $29.4 million; and capital investments to support the organization’s infrastructure totalling $26.6 million.

The Toronto Port Authority’s financial statements were released on May 11, 2026, and can be found on the website under Financial Accountability.

In addition to the 2025 financial results, RJ Steenstra, President and CEO, Toronto Port Authority, provided an overview of the organization’s operational performance, highlighting the continued economic impact of its business units, significant investments into environmental and social initiatives, and progress on capital projects including completion of the US Preclearance facility at Billy Bishop Toronto City Airport.

Quotes

“The Toronto Port Authority continues to demonstrate strong governance and disciplined execution. Our 2025 results reflect not only financial stability, but also meaningful progress against our strategic priorities. As we look ahead, we remain focused on responsible investments and delivering long-term value for Toronto and the communities we serve.”

— Jane McKenna, Board Chair

“2025 was a year of steady performance and meaningful progress across our business. We continued to invest in critical infrastructure and advance key projects, while strengthening the services that connect people, goods and communities. We’re seeing the results of consistent investment, strong partnerships and a clear strategic direction, positioning us well to support future innovation and connectivity across the region.”

— RJ Steenstra, President and CEO